Skanska sells office building in Romania for EUR 47 M, about SEK 440 M

Skanska has sold Building B of the office complex Green Court in Bucharest, Romania. The building has been acquired by the investment company Globalworth Real Estate Investments Ltd. The value of the transaction is EUR 47 M, about SEK 440 M, and the sale will be recorded by Skanska Commercial Development Europe in the fourth quarter 2015. The transfer of the property is scheduled for the same quarter.

The Green Court Bucharest B is LEED Gold pre-certified, has a total leasable area of around 18,600 square meters and is more than 80 percent leased.

Green Court Bucharest, located in the city’s new central business district, is the first office complex developed by Skanska in Romania. It comprises of three office buildings with a total leasable area of approximately 54,500 square meters. The transaction of Green Court Bucharest A to Globalworth Real Estate Investments Ltd. was finalized in June 2015.

Skanska Commercial Development Europe initiates and develops property projects in office buildings. The company’s operations are concentrated in the metropolitan areas of the Czech Republic, Hungary, Romania and Poland and are conducted in four local units: Skanska Property Czech Republic, Skanska Property Hungary, Skanska Romania and Skanska Property Poland.

For further information please contact:

Małgorzata Kubica, External Communication Manager, Skanska in Poland, tel: +48 502 747 454

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media: +46 10 448 88 99

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Skanska AB may be required to disclose the information provided herein pursuant to the Securities Markets Act.

Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 60,000 employees in selected home markets in Europe and in the US. Skanska's sales in 2014 totaled SEK 145 billion.

About Us

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 38,000 employees. Skanska's sales in 2018 totaled SEK 170 billion.